pocket listing


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pocket listing

A private agreement between a property owner and a broker,in which the owner agrees to pay a commission if the broker produces a buyer, but there is no listing agreement, no obligation to market the property,and no signage or advertising.

References in periodicals archive ?
"Pocket Listing" (2015) Reynolds plays a real estate mogul in this film, which satirizes the high-stakes Los Angeles real estate business.
In this highly competitive real estate market, the team of Rochelle Atlas Maize & Gayle Weiss, Luxury Estate Specialists at Nourmand & Associates in Beverly Hills, were successful in not only locating this private pocket listing but also orchestrating the transaction.
Before taking his life, he had placed a note in his pocket listing the names of those he alleged had received illegal funds.
"Reaper" recently completed a run at Lebanese cinemas, where this week Conor Allyn's "Pocket Listing" is set to open.
The couple has given a 'pocket listing' to their mansions.
In November 2013, news was out that the residence was being sold as a pocket listing and the rumored asking price was about $4 million.
New York, Mar 29 ( ANI ): Madonna has reportedly put up her French Country-style mansion, in Beverly Hills as a pocket listing with the asking price of 28 million dollars.
With access to off market & pre market real estate, let Synthien introduce you to exclusive pocket listings within the prestigious Eastern Suburbs of Sydney.
Justifying the use of a dual representation firm to gain access to "pocket listings" is short sighted.
And many are reluctant to share nonexclusives, also known as pocket listings, with anyone but the most trusted colleagues, for fear the listing will be stolen.